IBM Planning Analytics vs. IBM SPSS Statistics

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Planning Analytics
Score 8.4 out of 10
N/A
IBM Planning Analytics, powered by IBM TM1®, is an integrated planning solution designed to promote collaboration across the organization and help keep pace with the speed of modern business. With its calculation engine, this enterprise performance management solution is designed to help users move beyond the limits of spreadsheets, automating the planning process to drive faster, more accurate results. Use it to unify data sources into one single repository, enabling users to build…
$825
per month 5 users
IBM SPSS Statistics
Score 8.2 out of 10
N/A
SPSS Statistics is a software package used for statistical analysis. It is now officially named "IBM SPSS Statistics". Companion products in the same family are used for survey authoring and deployment (IBM SPSS Data Collection), data mining (IBM SPSS Modeler), text analytics, and collaboration and deployment (batch and automated scoring services).
$105
per month per user
Pricing
IBM Planning AnalyticsIBM SPSS Statistics
Editions & Modules
Essentials
$825
per month 5 users
Standard
$1,650
per month 10 users
Base
USD 3,830
one-time fee per user
Standard
USD 8,440
one-time fee per user
Professional
USD 16,900
one-time fee per user
Premium
USD 25,200
one-time fee per user
Monthly subscription
USD 105
per month per user
Annual subscription
USD 1,188.00
per year per user
Offerings
Pricing Offerings
IBM Planning AnalyticsIBM SPSS Statistics
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
IBM Planning AnalyticsIBM SPSS Statistics
Considered Both Products
IBM Planning Analytics

No answer on this topic

IBM SPSS Statistics
Chose IBM SPSS Statistics
SAS is a very good product. SPSS provided our firm everythinbg we needed and was well within our budget. Also know that IBM is contunusely investing into SPSS. The roadmaps looks good.
Features
IBM Planning AnalyticsIBM SPSS Statistics
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Planning Analytics
7.5
109 Ratings
2% below category average
IBM SPSS Statistics
-
Ratings
Pixel Perfect reports7.496 Ratings00 Ratings
Customizable dashboards7.4109 Ratings00 Ratings
Report Formatting Templates7.8103 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Planning Analytics
7.6
115 Ratings
6% below category average
IBM SPSS Statistics
-
Ratings
Drill-down analysis7.9111 Ratings00 Ratings
Formatting capabilities7.4113 Ratings00 Ratings
Integration with R or other statistical packages7.487 Ratings00 Ratings
Report sharing and collaboration7.8111 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Planning Analytics
8.0
109 Ratings
3% below category average
IBM SPSS Statistics
-
Ratings
Publish to Web7.9103 Ratings00 Ratings
Publish to PDF7.9102 Ratings00 Ratings
Report Versioning8.3100 Ratings00 Ratings
Report Delivery Scheduling7.993 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Planning Analytics
7.4
110 Ratings
4% below category average
IBM SPSS Statistics
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)7.8110 Ratings00 Ratings
Location Analytics / Geographic Visualization6.9102 Ratings00 Ratings
Predictive Analytics7.8100 Ratings00 Ratings
Pattern Recognition and Data Mining6.932 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Planning Analytics
7.9
115 Ratings
8% below category average
IBM SPSS Statistics
-
Ratings
Multi-User Support (named login)7.9113 Ratings00 Ratings
Role-Based Security Model7.5114 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.0115 Ratings00 Ratings
Report-Level Access Control7.542 Ratings00 Ratings
Single Sign-On (SSO)8.4107 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Planning Analytics
7.2
101 Ratings
5% below category average
IBM SPSS Statistics
-
Ratings
Responsive Design for Web Access7.597 Ratings00 Ratings
Mobile Application6.862 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile6.073 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Planning Analytics
8.7
124 Ratings
6% above category average
IBM SPSS Statistics
-
Ratings
Long-term financial planning8.3120 Ratings00 Ratings
Financial budgeting8.6123 Ratings00 Ratings
Forecasting9.2123 Ratings00 Ratings
Scenario modeling8.9122 Ratings00 Ratings
Management reporting8.3123 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Planning Analytics
8.4
115 Ratings
6% above category average
IBM SPSS Statistics
-
Ratings
Financial data consolidation9.2111 Ratings00 Ratings
Journal entries and reports9.2103 Ratings00 Ratings
Multi-currency management8.2104 Ratings00 Ratings
Intercompany Eliminations8.2101 Ratings00 Ratings
Minority Ownership8.894 Ratings00 Ratings
Local and consolidated reporting7.3107 Ratings00 Ratings
Detailed Audit Trails7.9108 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Planning Analytics
8.4
116 Ratings
5% above category average
IBM SPSS Statistics
-
Ratings
Financial Statement Reporting8.0112 Ratings00 Ratings
Management Reporting8.6113 Ratings00 Ratings
Excel-based Reporting9.3115 Ratings00 Ratings
Automated board and financial reporting9.2105 Ratings00 Ratings
XBRL support for regulatory filing6.976 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Planning Analytics
8.3
118 Ratings
2% above category average
IBM SPSS Statistics
-
Ratings
Personalized dashboards8.9117 Ratings00 Ratings
Color-coded scorecards7.9112 Ratings00 Ratings
KPIs8.2115 Ratings00 Ratings
Cost and profitability analysis8.0113 Ratings00 Ratings
Key Performance Indicator setting8.3113 Ratings00 Ratings
Benchmarking with external data8.284 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Planning Analytics
8.7
116 Ratings
5% above category average
IBM SPSS Statistics
-
Ratings
Flat file integration8.4113 Ratings00 Ratings
Excel data integration8.9114 Ratings00 Ratings
Direct links to 3rd-party data sources8.7104 Ratings00 Ratings
Best Alternatives
IBM Planning AnalyticsIBM SPSS Statistics
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.4 out of 10
Alteryx Platform
Alteryx Platform
Score 9.1 out of 10
Enterprises
OneStream
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Score 8.8 out of 10
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Score 9.1 out of 10
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User Ratings
IBM Planning AnalyticsIBM SPSS Statistics
Likelihood to Recommend
8.0
(123 ratings)
5.6
(103 ratings)
Likelihood to Renew
9.1
(5 ratings)
8.6
(23 ratings)
Usability
7.8
(69 ratings)
8.0
(15 ratings)
Availability
-
(0 ratings)
6.0
(1 ratings)
Performance
-
(0 ratings)
6.0
(1 ratings)
Support Rating
7.4
(93 ratings)
6.4
(12 ratings)
Implementation Rating
-
(0 ratings)
8.7
(7 ratings)
Configurability
-
(0 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
5.0
(1 ratings)
Product Scalability
9.1
(1 ratings)
5.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
5.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
5.0
(1 ratings)
User Testimonials
IBM Planning AnalyticsIBM SPSS Statistics
Likelihood to Recommend
IBM
Very powerful modeling capabilities. It has a really good OLAP engine memory. Strong scenario planning for what if analysis. Flexibility of integration with ERPs or WM systems for both cloud and on premises. Centralized planning and alignment of governance is also a plus. Having one single system for many different functions.
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IBM
SPSS's ability to deal with things like survey verbatims is a significant competitive disadvantage. The ability to do most of what researchers do without having to learn to program (think R or Python) is the primary advantage SPSS brings to bear.
Read full review
Pros
IBM
  • Handle very large data volumes.
  • Scale to a large number of users.
  • Not having to compromise on business complexity.
  • It can be run by business users.
  • Availability of highly qualified consultants to support businesses.
  • REST API allows for an open eco system and a variety of solutions to extend the product.
  • Vast integration possibilities.
  • AI-infused engine with IBM Watson.
Read full review
IBM
  • SPSS has been around for quite a while and has amassed a large suite of functionality. One of its longest-running features is the ability to automate SPSS via scripting, AKA "syntax." There is a very large community of practice on the internet who can help newbies to quickly scale up their automation abilities with SPSS. And SPSS allows users to save syntax scripting directly from GUI wizards and configuration windows, which can be a real life-saver if one is not an experienced coder.
  • Many statistics package users are doing scientific research with an eye to publish reproducible results. SPSS allows you to save datasets and syntax scripting in a common format, facilitating attempts by peer reviewers and other researchers to quickly and easily attempt to reproduce your results. It's very portable!
  • SPSS has both legacy and modern visualization suites baked into the base software, giving users an easily mountable learning curve when it comes to outputting charts and graphs. It's very easy to start with a canned look and feel of an exported chart, and then you can tweak a saved copy to change just about everything, from colors, legends, and axis scaling, to orientation, labels, and grid lines. And when you've got a chart or graph set up the way you like, you can export it as an image file, or create a template syntax to apply to new visualizations going forward.
  • SPSS makes it easy for even beginner-level users to create statistical coding fields to support multidimensional analysis, ensuring that you never need to destructively modify your dataset.
  • In closing, SPSS's long and successful tenure ensures that just about any question a new user may have about it can be answered with a modicum of Google-fu. There are even several fully-fledged tutorial websites out there for newbie perusal.
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Cons
IBM
  • sometimes it is hard to produce pixel perfect reports from the Web UI. I know it is not made for this, but still, it'll be great
  • getting in e.g. an Excel file just by drag and drop, and the AI should "understand" what the data is all around
Read full review
IBM
  • collaboration - SPSS lacks collaboration features which makes it near impossible to collaborate with my team on analysis. We have to send files back and forth, which is tedious.
  • integration - I wish SPSS had integration capabilities with some of the other tools that I use (e.g., Airtable, Figma, etc.)
  • user interface - this could definitely be modernized. In my experience, the UI is clunky and feels dated, which can negatively impact my experience using the tool.
Read full review
Likelihood to Renew
IBM
Since IBM Cognos Express is suitable only for medium data warehouse environment, we are not sure if this tool solves the long term need as the business keeps growing rapidly. So its a 50/50 ratio to renew Express license. But having said that, the components of IBM Cognos Express are also available in other Cognos BI suites like Cognos 10.x version. So we will probably upgrade our environment to IBM Cognos 10.x which comes with more new features.
Read full review
IBM
Both
money and time are essential for success in terms of return on investment for any kind of research based project work. Using a Likert-scale questionnaire is very easy for data entry and analysis
using IBM SPSS. With the help of IBM SPSS, I found very fast and reliable data
entry and data analysis for my research. Output from SPSS is very easy to
interpret for data analysis and findings
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Usability
IBM
IBM Planning Analytics is generally good in terms of functionalities. It can be used reduce time for budget planning, resource planning, demand forecasting, etc. The performance of IBM Planning Analytics is acceptable, but user interface can be improved. It would be good to see new features that allow users to customise the dashboard.
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IBM
Probably because I have been using it for so long that I have used all of the modules, or at least almost all of the modules, and the way SPSS works is second nature to me, like fish to swimming.
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Reliability and Availability
IBM
No answers on this topic
IBM
SPSS can tend to crash when I am trying to do a lot of data. This can slow me down when I need to do a lot of data
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Performance
IBM
No answers on this topic
IBM
SPSS does the job, but it can be slow. I do have to plan a lot of time to get through a huge amount of data.
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Support Rating
IBM
IBM support has been very quick to respond and handle the very few issues we've had. We've had a third-party who partners with IBM to be our consulting team which has helped greatly reduce the need for us to contact IBM directly. I highly recommend researching and selecting a well-respected partner to help with an implementation as well as ongoing support as needed.
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IBM
I have not contacted IBM SPSS for support myself. However, our IT staff has for trying to get SPSS Text Analytics Module to work. The issue was never resolved, but I'm not sure if it was on the IT's end or on SPSS's end
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Implementation Rating
IBM
No answers on this topic
IBM
Have a plan for managing the yearly upgrade cycle. Most users work in the desktop version, so there needs to be a mechanism for either pushing out new versions of the software or a key manager to deal with updated licensing keys. If you have a lot of users this needs to be planned for in advance.
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Alternatives Considered
IBM
As it is related to MS Excel, IBM Planning Analytics is a much more robust and complete solution for the CFO or COO in mind. Oracle Hyperion stacks up nicely against IBM Planning Analytics. However, IBM's investment in AI allows Planning Analytics users more options and speed.
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IBM
If you have made it this far, you should have a very good idea of how SPSS stacks up the competition (data processing and analytics tools). Even the free ones, such as r Studio or Stata, are leaps and bounds ahead of SPSS. IBM is resting on a reputation developed nearly 30 years ago and has shown no desire to improve.
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Scalability
IBM
No answers on this topic
IBM
IBM Cognos Analytics may have been designed to scale up to a very large number of users however we are a small business with small number of users and the program worked equally well for us. We would highly recommend the product for any business no matter the size, small to large.
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Return on Investment
IBM
  • Automate direct data connections to multiple data sources
  • One secured version of the the truth (for data and formulas)
  • Ability to scale to much more detailed planning with option to create predictive forecasts at detail
  • Business user friendly with powerful Excel integration
  • Very flexible and powerful modeling, can handle custom modeling needs at scale
  • Can make the same data available across finance and ops, but at the level of details and timeline that makes sense for them
Read full review
IBM
  • I found SPSS easier to use than SAS as it's more intuitive to me.
  • The learning curve to use SPSS is less compared to SAS.
  • I used SAS, to a much lesser extent than SPSS. However, it seems that SAS may be more suitable for users who understand programming. With SPSS, users can perform many statistical tests without the need to know programming.
Read full review
ScreenShots

IBM Planning Analytics Screenshots

Screenshot of Workflow managementScreenshot of Income statementScreenshot of Margin analysisScreenshot of Metrics managementScreenshot of Income statementScreenshot of Expense analysis

IBM SPSS Statistics Screenshots

Screenshot of SPSS Statistics Forecasting. This enables users to build time-series forecasts regardless of their skill level.Screenshot of SPSS Statistics Regression. These predict categorical outcomes and apply nonlinear regression procedures.Screenshot of IBM SPSS Statistics Neural Networks. These can discover complex relationships and improve predictive models.Screenshot of IBM SPSS Statistics Curated Help. These can interpret correlation output.Screenshot of IBM SPSS Statistics AI Output Assistant interprets statistical output in easy to consume language